Megaphone / Broadening Top Click the link for the definition.
The fundamental picture from Chico's show.
4hr bottom on the 9 yesterday
Check your other signals for confirmation of the bottom?
Please leave comments below, this is my best guess??
The STAKEWETH chart (Stake / Wrapped Eth) is so clean that it basically trades itself.
Technical reasons for the trade:
→ Double bottom at the 0.886 fib
→ Rising volume on the 1D
→ Trading below value on the volume profile
→ POC lines up in the kill zone - easy to plan for exit!
Hit the LIKE button if you find my analysis valuable and want to...
Ethereum is far from scaling on L1, the easiest and fastest solution in the short to mid term for developers is xDai. They have an Omnibridge ready for erc20s, a frok of Uniswap called Honeyswap ready with fees a fraction of a penny.
Not financial advice Do your own research.